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COVID-19 is delivering a devastating impact to global markets, with oil routing the hardest due to a double-punch from the Saudi/Russia oil price war. Crude tan
Moody's Investors Service, ("Moody's") placed all of its ratings for International Seaways, Inc. ("INSW") on review for downgrade, including the B3 Corporate Family Rating (CFR) and Caa1 rating on its

VLCC charter rates skyrocket past $200K per day

04:26pm, Wednesday, 01'st Apr 2020
Oil tanker rates keep climbing, with benchmark Middle East-to-China rates rising another 2.8% overnight to WS 212.71, equating to daily earnings of $241K, according to Baltic Exchange data.Other major

Unprecedented Oil Glut Appears Inevitable

03:23pm, Wednesday, 01'st Apr 2020
The U.S. has voiced its concerns over the Saudi Arabia/Russian oil price war, but thus far, those concerns appear to have fallen on deaf ears.

International Seaways (NYSE:INSW) Shares Up 5.5%

09:24am, Wednesday, 01'st Apr 2020
International Seaways Inc (NYSE:INSW) shares shot up 5.5% during trading on Monday . The company traded as high as $23.17 and last traded at $23.97, 63,401 shares changed hands during trading. A decli

A Buoyant Market For Shipping

11:56am, Tuesday, 31'st Mar 2020
Shipping is a volatile, deep-value segment. Medium term, I see significant value opportunities. Diversification is important for all portfolios. Consider adding
(Bloomberg) — When it comes to commodities, the only thing in demand right now is somewhere to put them.From oil tanks in Oklahoma to wagyu beef refrigerators in Kobe, facilities around the w…
(Bloomberg) -- When it comes to commodities, the only thing in demand right now is somewhere to put them.From oil tanks in Oklahoma to wagyu beef refrigerators in Kobe, facilities around the world are
Supertanker freight rates are on the rise again as producers, refiners and traders scramble to secure ships for transport or storage amid an increasing global glut of oil.Freight rates for VLCCs along
Citigroup Inc. grew its stake in shares of International Seaways Inc (NYSE:INSW) by 65.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,1
Oil traders have chartered at least five supertankers in the past day with options to store oil at sea, as global stocks rise after the U.S. decided not to purchase oil for its emergency reserve, Reut
The world’s oil tankers are being filled with crude at a record pace as the options to store a glut on land rapidly diminish, one of the industry’s largest owners said.
Wall Street brokerages expect that International Seaways Inc (NYSE:INSW) will post sales of $122.99 million for the current quarter, Zacks Investment Research reports. Three analysts have issued estim
The oversupplied market may drive as much as 100M barrels of oil into floating storage "and probably more," International Seaways (INSW +6.3%) CEO Lois Zabrocky tells Bloomberg."This is a
Bank of Montreal Can lifted its position in shares of International Seaways Inc (NYSE:INSW) by 50.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,344 shar
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